DHFL Shareholder Acquires Stay Petition by Bombay HC

Mumbai, Maharashtra [India]: One of the shareholders from the Dewan Housing Finance Corporation (DHFL)’s had filed a petition seeking a stay on the delisting of the company’s shares; this petition was recently admitted by the Bombay High Court. DHFL’s equity value was to be pegged at zero, once the Piramal group acquires it. DHFL will